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G7 agrees on global health, climate and green infrastructure

Source:Plastics News Asia     Date:2021-06-14
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Global fight against COVID-19, climate protection, green infrastructure and education were among the issues covered during the recently concluded summit of the Group of 7 leaders.


The three-day summit in England was attended by member countries of the G7 as well as other guest countries. Attendees included Britain's Prime Minister Boris Johnson, Italy's Prime Minister Mario Draghi, Australia's Prime Minister Scott Morrison, German Chancellor Angela Merkel, South Africa's President Cyril Ramaphosa, South Korea's President Moon Jae-in, US President Joe Biden, French President Emmanuel Macron, Canada's Prime Minister Justin Trudeau, Japan's Prime Minister Yoshihide Suga and President of the European Council Charles Michel.



At the conclusion of the meeting, the group of seven wealthy nations committed over 1 billion vaccine doses to be distributed to poorer countries as part of the battle against COVID-19. Half of the total vaccine donations would come from the United States, with 100 million from Britain, 100 million from Canada and 60 million from France.


The group also backed lower tax on multinational companies of at least 15% to discourage corporations from using tax havens to avoid paying taxes.  


The members of the G7 also agreed to fight climate change through a plan, "Build Back Better for the World" financing for infrastructure to promote global use of renewable energy. This initiative is in response to China’s "belt and road" initiative. The G7 countries also committed to achieve zero carbon emissions by 2050.  





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